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Profound Medical Reports Preliminary Q3 Revenue Above Street View; Shares Rise After-Hours

Profound Medical Reports Preliminary Q3 Revenue Above Street View; Shares Rise After-Hours

MT newswireMT newswire2026/10/07 21:10

05:10 PM EDT, 10/07/2026 (MT Newswires) -- Profound Medical (PROF) expects Q3 revenue of $9.8 million to $10.0 million, it said late Wednesday. Analysts polled by FactSet expect $6.8 million. The preliminary revenue represents a year-over-year increase of 85% to 89% from $5.3 million reported a year earlier, it said. Also, Profound Medical said it expects Q3 gross margin to exceed 70%. Shares of Profound Medical rose 19% in after-hours trading.

05:10 PM EDT, 10/07/2026 (MT Newswires) -- Profound Medical (PROF) expects Q3 revenue of $9.8 million to $10.0 million, it said late Wednesday. Analysts polled by FactSet expect $6.8 million. The preliminary revenue represents a year-over-year increase of 85% to 89% from $5.3 million reported a year earlier, it said. Also, Profound Medical said it expects Q3 gross margin to exceed 70%. Shares of Profound Medical rose 19% in after-hours trading.
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